MYSTIC, Conn. – Charter Oak is holding grand opening ceremonies here for its newest full-service branch in Mystic, which will be its 15th branch. Grand-opening ceremonies are open to the public and will include remarks by Charter Oak officials, along with local dignitaries and members of the greater Mystic business community.
“Our new Mystic Branch offers Charter Oak greater growth opportunities in the Mystic and Stonington areas, which are important markets for our credit union,” said Brian A. Orenstein, Charter Oak’s President and Chief Executive Officer. “This branch allows us to better serve our existing members in the area – both individuals and businesses – while also providing significant opportunities to bring in new members and to grow our business banking relationships throughout the Mystic and Stonington areas,” he said.
The Mystic Branch will also feature a new Community Room with available tables and seating for exclusive free use by the area’s non-profits and charitable groups. The new Community Room was designed into the Mystic Branch based on the success of Charter Oak’s larger Community Room at its Branch and Headquarters complex in Waterford, which has become a popular free meeting space for many of eastern Connecticut’s non-profit organizations, the credit union said.
“This branch expansion also gives Charter Oak one of the largest and most convenient branch networks of
Charter Oak sais the new Mystic branch is the latest in its multi-year expansion in New London and Windham counties. In 2013, Charter Oak opened a new branch in Putnam to accommodate our growth in the northern portions of Windham County, and in 2014 Charter Oak opened our new Branch and Headquarters building on Route 85 in Waterford.
The building housing Charter Oak’s Mystic Branch underwent a major renovation and upgrade to accommodate the new full-service branch, which offers convenience services including a drive-up ATM as well as a lobby ATM and also a drive-up teller lane. The branch interior features a full teller line and new workspaces for the branch’s Member Service Representatives, as well as an Internet Café featuring desktop computers and coffee and tea for members’ use.